House File 422 - Introduced HOUSE FILE BY MASCHER (COMPANION TO SF 119) Passed House, Date Passed Senate, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act increasing punitive damages that may be awarded for 2 wrongful retention of certain rental deposits. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 1987HH 82 5 av/je/5 PAG LIN 1 1 Section 1. Section 562A.12, subsection 7, Code 2007, is 1 2 amended to read as follows: 1 3 7. Thebad faithwrongful retention of a deposit by a 1 4 landlord, or any portion of the rental deposit, in violation 1 5 of this section shall subject the landlord to punitive damages 1 6not to exceed twoequal to double the amount of the deposit or 1 7 the portion of the deposit wrongfully retained or five hundred 1 8 dollars, whichever is more, in addition to actual damages. 1 9 Sec. 2. Section 562B.13, subsection 8, Code 2007, is 1 10 amended to read as follows: 1 11 8. Thebad faithwrongful retention of a deposit by a 1 12 landlord, or any portion of the rental deposit, in violation 1 13 of this section shall subject the landlord to punitive damages 1 14not to exceed twoequal to double the amount of the deposit or 1 15 the portion of the deposit wrongfully retained or five hundred 1 16 dollars, whichever is more, in addition to actual damages. 1 17 EXPLANATION 1 18 This bill increases the amount of punitive damages that can 1 19 be awarded when a landlord wrongfully retains a rental deposit 1 20 or a portion of a rental deposit made to secure performance of 1 21 a residential rental agreement under Code section 562A.12 or a 1 22 mobile home space rental agreement under Code section 562B.13. 1 23 The bill requires that a landlord who violates these 1 24 provisions shall be subject to punitive damages equal to 1 25 double the amount of the deposit or portion of the deposit 1 26 that is wrongfully retained or $500, whichever is more, in 1 27 addition to actual damages. 1 28 Currently, a violation of these sections cannot subject a 1 29 landlord to punitive damages in excess of $200. 1 30 LSB 1987HH 82 1 31 av:nh/je/5